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Irish fintech Nomupay lands $40M at a $290M valuation from SoftBank
As global trade evolves, there's an increasing demand for diverse cross-border payment options. That's why an Irish-based fintech startup called NomuPay
Expanding businesses in Asia often face challenges in obtaining multiple licenses, navigating diverse regulations, and managing various payment methods, which can result in costly back-office operations and complexity. The startup is close to announcing new coverage in Singapore, Indonesia, and Vietnam, which will significantly expand its presence in Oceania and Southeast Asia, Burddige told TechCrunch. The startup generates revenue by charging fees based on the volume of transactions processed by merchants, using payment acceptance services and payouts on platforms that serve both buyers and sellers
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